HomeMy WebLinkAbout0320 DIRECT HOME IMPROVEMENT MORTGAGE 4~sz8
WI1H FUTURE ADVANCE ~ ~
THIS MORTGAGE, made this . 12th day of Noyember_ q,p, t9 79 , lxtween'
Thomas FoJrcx and Emma Foxx
(Mortgagor) and
_ Sun Bank of St. Lucie County IMortgagee?;
(Name of Sun 8ank1
WtTNESSETH, that Mortgagor, for and ,n consideration of the prem,ses and m order to secure the payment of the pnnc+pal and
interest on the note las hereinafter def+nedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, ,ts successors arxf
asst ns forever, the tollow+ described real property rn St • Lucie
9 ng County, Fbr,da, to w,t:
Lots 4 and 5, of LENORA S/D, A subdivision in the City
of Fort Pierce, as recorded on Official Records of
St. Lucie County, Florida.
RECEIVED ~ ~ • • • .
' IN PAYMENT OF TAxts - i
DiIE QN Ctt,SS 'C' dN1E?1G 4iE P:RSO~fAL P20PERTY,
Pt1P.Stl:a1T 7o d~:Fib 7i- A:TS Cf 19?1• •rf~ 11:r.,, ~3 Air J• ~Q
L :r ,
CLERK tl i U:T :.4Uki, ST. IU.aE CO., 7JL ~r M ~ F tL_U ,t Ml. f• = Z ~r•1;+: L'
- ~ ~ ~ ~ SL LUCIE C0;1,y 1 Y, Ft
` ~ - RGGER POIi'R~.S
ClfP.14 CiRC~i! t Cr I' T
THIS IS A SECOND MORTGAGE ~J Vim'""
~~n.
45628
~;3D;
m-{I
G 7
-~in
- `iy (here+nafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged_Property
_ ~C and wul defend the same aga,nst the (awful clauss of all persons whomsoever.
i <
~ ; PROVIDED ALWAYS, that ,f Thomas FOxx and Emma FoXX ,the Makerfs? of that
- -hi jlnsert Nameisll
f , ~ ~ certain promssory note dated the date hereof (the Note, their hers, legal representatives or assigns shall pay to Mortgagee
t ~ ~ the pr+nupaf sum of S 3, 203.11 as ev,denced b the Note, with interest and u
r November 12 pOn the ter8m4s as prov,ded there,n, the final
~ maturity date of the Note and of th,s Mort be,n
3 gage 9 , 19 , wh,ch Note prov,des that
~ _ all rnstallmenis of prrnc,pal and :nterest are payable at the office of Mortgagee, or at wch other place as the holder may des,gnate in
i writing, and that each maker and endorser ogre? to pay all costs of collection, including a reasonable attorney's fee, upon default in the
i~ - payment of the Note, and that r! default be made ,n the payment of any installment thereunder and that rf wch default rs not made
good ,n accordance with the terms of the Note, that the ent,re principal win and accrued, earned ,nterest shall become due and payable
without not,ce at the opt+on of the hofrfer therepf; and shall perform artd comply with each and every stipu:at,on, agreement and cov-
enant of the Mote and of th,s Mortgage, then rh,s Mortgage and the estate hereby created shall be void, otherw+se the same shall rema+n
in full force. Maher covenants to pay the ,nterest and prrnc,pal promptly when due. Mortgagor covenants to pay the taxes and assess-
,
menu on sa,d property; to carry rnsurarice aga+nst f ire on the building on 5a,d land for not Less than 5 n~a ,approved
by the Mortgagee, sv,th standard mortgage loss clause payable to Mortgagee, the pol,cy to be held by the Mortgagee and to keep the
buadrng qn sa,d land ,n proper repa,r.
Th,s Mortgage shat) secure not only ex,strng ,ndebtecfness, but afro wch future advances, whether such advances are oblgatory or
to be made at the opt,on of Mortgagee, or otherw,se, as are made w,th+n twenty 1201 years tram the date hereof, to the same extent as
~ rf such future advances were made on the date of the execution of the Mortgage, but such Secured mdebtednesz shall not exceed at any
C
_ p! t,me the max+mum pnnapal amount of S _ n~a plus ,nterest, and any d,sbursements made for the payment
U~ of taxes, lev,es, or insurance, on the Mortgaged Property, wdh +nterest on wch d,sbursements. Any such future advances, whether
obl,gaiory or so be made a[ the opt,on of the Mortgagee, or otherw,se, may be made ether prior to or after the due date of the Note or
any other notes secured by th,i Mortgage. This Mortgage rs given for the spec,f+c purpoze of secur,ng any and all rndebtetine55 by the
V' Maker to Mort
a~ gagee Ibut ,n no event shalt the Secured indebtedness exceed at any time the maximum principal amount set forth rn ihs
paragraph) rn whatever manner th,i ,ndebtedness may be evxfenced or rep:esenred, unt,l this Mortgage +s Satisfied of record. All cove-
- ~ Hants and agreements conta+neti ,n the Mortgage shalt be appl,cable to all further advances made by Mortgagee to Maker under this
future advance clause.
O+ Should any of the above covenants be broken then the Note arxf all moneys securexf hereby shall, w+thoui demantf, ,f the
hlortyayee, so erect, at once become due and payable and this mortgage may foe foreclosed, and all costs and expenses of collection and
a reasonable attorneys' fees, ,nclud,ng Costs, expenses and reasonable attorneys' fees on appeal, ,i collected by legal proceertings or
_ b through an attorney at taw, shall be pa,d by the Maker, and the same are hereby secured-
lt1 i
_ ~ ~I IN WITNESS WHEREOF, the Mortgagor has executed ih,s Mortgage as of the date t,rst above set forth.
- ~ S,yned, sealed and dei+vered
rn our pre Ce: ( J
(Mortya, r)
- ISEALI
IMor tgayor i
STATE OF Florida I
+
?
COUNTY OF St. Lucie ?
- t.-
1 HEREBY CERTIFY- that on this day, before me- an off,cer duty authorrred m the State aforesa,d arx~~in the County atoresa+d
ro takt ackno>,vledgments, personally app~ar!d _ThOIRdS and Emma Foxx to me kn ' • ,
grlrn' Pbd the DeraoR described
,n and who executed the fo,eyo•ng rnstrumen: and they acknowledged before me that~t,~w_ ,ex rtut~the same.
WITNESS my hand anti off+ual seal ,n me County and State last aforesaid this _l2 day ~ 1" %
r'
-
Notary Public MY COA11N~ rAE
ti'Iv Comm,ssron Exp.res • • '.~6 19th
11k c~(~ e~ Q K~NDEU rrKr. I~2a~ :.n :K~RWRIIERS
a-sou-ooa~ R~,?. sin a~~K~~.U PAGE J1U -
t.. ~.r,..o...,